GDP per person employed in Latin America & Caribbean
Latin America & Caribbean: GDP per person employed was 43,303 constant 2021 PPP $ in 2025. ▲ Rising
GDP per person employed in Latin America & Caribbean, 1991–2025
Source: Staff estimates, World Bank (WB), note: Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat,. Measured in constant 2021 PPP $.
Analysis
The most recent figure for gdp per person employed in Latin America & Caribbean is 43,303 constant 2021 PPP $, measured in 2025. That is the highest value across all 35 years on record.
The figure is up 0.8% on the previous year and up 1.3% over ten years.
Over the whole period, gdp per person employed in Latin America & Caribbean peaked at 43,303 constant 2021 PPP $ in 2025 and was at its lowest, 34,117 constant 2021 PPP $, in 1992.
Latin America & Caribbean ranks 18th of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
GDP per person employed in Latin America & Caribbean, year by year
| Year | constant 2021 PPP $ | Change |
|---|---|---|
| 1991 | 34,125 constant 2021 PPP $ | — |
| 1992 | 34,117 constant 2021 PPP $ | -0.0% |
| 1993 | 34,577 constant 2021 PPP $ | +1.3% |
| 1994 | 35,643 constant 2021 PPP $ | +3.1% |
| 1995 | 35,471 constant 2021 PPP $ | -0.5% |
| 1996 | 36,470 constant 2021 PPP $ | +2.8% |
| 1997 | 37,091 constant 2021 PPP $ | +1.7% |
| 1998 | 37,420 constant 2021 PPP $ | +0.9% |
| 1999 | 37,151 constant 2021 PPP $ | -0.7% |
| 2000 | 37,804 constant 2021 PPP $ | +1.8% |
| 2001 | 37,008 constant 2021 PPP $ | -2.1% |
| 2002 | 36,513 constant 2021 PPP $ | -1.3% |
| 2003 | 36,471 constant 2021 PPP $ | -0.1% |
| 2004 | 37,306 constant 2021 PPP $ | +2.3% |
| 2005 | 37,716 constant 2021 PPP $ | +1.1% |
| 2006 | 38,585 constant 2021 PPP $ | +2.3% |
| 2007 | 39,808 constant 2021 PPP $ | +3.2% |
| 2008 | 40,447 constant 2021 PPP $ | +1.6% |
| 2009 | 39,168 constant 2021 PPP $ | -3.2% |
| 2010 | 40,994 constant 2021 PPP $ | +4.7% |
| 2011 | 42,136 constant 2021 PPP $ | +2.8% |
| 2012 | 42,297 constant 2021 PPP $ | +0.4% |
| 2013 | 42,956 constant 2021 PPP $ | +1.6% |
| 2014 | 43,028 constant 2021 PPP $ | +0.2% |
| 2015 | 42,759 constant 2021 PPP $ | -0.6% |
| 2016 | 42,618 constant 2021 PPP $ | -0.3% |
| 2017 | 42,837 constant 2021 PPP $ | +0.5% |
| 2018 | 42,716 constant 2021 PPP $ | -0.3% |
| 2019 | 42,236 constant 2021 PPP $ | -1.1% |
| 2020 | 42,664 constant 2021 PPP $ | +1.0% |
| 2021 | 42,954 constant 2021 PPP $ | +0.7% |
| 2022 | 42,658 constant 2021 PPP $ | -0.7% |
| 2023 | 42,778 constant 2021 PPP $ | +0.3% |
| 2024 | 42,971 constant 2021 PPP $ | +0.5% |
| 2025 | 43,303 constant 2021 PPP $ | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35,785 constant 2021 PPP $ | 34,117 constant 2021 PPP $ | 37,420 constant 2021 PPP $ | 9 |
| 2000s | 38,083 constant 2021 PPP $ | 36,471 constant 2021 PPP $ | 40,447 constant 2021 PPP $ | 10 |
| 2010s | 42,458 constant 2021 PPP $ | 40,994 constant 2021 PPP $ | 43,028 constant 2021 PPP $ | 10 |
| 2020s | 42,888 constant 2021 PPP $ | 42,658 constant 2021 PPP $ | 43,303 constant 2021 PPP $ | 6 |
Countries ranked near Latin America & Caribbean
- 15 Austria 131,259 constant 2021 PPP $ compare
- 16 Saudi Arabia 130,783 constant 2021 PPP $ compare
- 17 Netherlands 129,805 constant 2021 PPP $ compare
- 18 Sweden 128,980 constant 2021 PPP $ compare
- 19 France 128,587 constant 2021 PPP $ compare
- 20 Germany 125,086 constant 2021 PPP $ compare
- 21 Puerto Rico 124,954 constant 2021 PPP $ compare
More work & labour data for Latin America & Caribbean
- Labor force participation rate, total (% of total population ages 15+) 62.7% (2025)
- Labor force participation rate for ages 15-24, female (%) 39.0% (2025)
- Labor force participation rate for ages 15-24, male (%) 55.2% (2025)
- Labor force participation rate, male (% of male population ages 15+) 74.6% (2025)
- Labor force participation rate for ages 15-24, total (%) 47.2% (2025)
- Labor force participation rate, female (% of female population ages) 57.7% (2025)
- Labor force participation rate, male (% of male population ages 15-64) 80.4% (2025)
- Labor force participation rate, total (% of total population ages) 68.9% (2025)
- Labor force participation rate, female (% of female population ages) 51.4% (2025)
- Ratio of female to male labor force participation rate (%) 69.3% (2025)
Frequently asked questions
- What is gdp per person employed in Latin America & Caribbean?
- Gdp per person employed in Latin America & Caribbean was 43,303 constant 2021 PPP $ in 2025, according to Staff estimates, World Bank (WB), note: Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat,.
- What is the highest gdp per person employed recorded in Latin America & Caribbean?
- The highest recorded value was 43,303 constant 2021 PPP $ in 2025.
- What is the lowest gdp per person employed recorded in Latin America & Caribbean?
- The lowest recorded value was 34,117 constant 2021 PPP $ in 1992.
- How does Latin America & Caribbean rank for gdp per person employed?
- Latin America & Caribbean ranks 18th out of 45 groups with data for 2025.
- Is gdp per person employed rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 1.3%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean data come from?
- The figures come from Staff estimates, World Bank (WB), note: Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat,, published as part of GDP per person employed (constant 2021 PPP $). Statizoid updates them automatically from the source API.
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About this data
GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2021 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.